Cent raises $15M for early disease detection
By Abha Lohia ·
Cent: funding and every story →
- Cent is a Bengaluru preventive healthcare startup that offers medical imaging and diagnostic checks to spot serious illness before symptoms appear
- The $15 million round, mixing equity and debt, was led by Blume Ventures together with existing backer South Park Commons
- It follows an undisclosed raise about eight months ago, and the company has not shared its valuation or the equity-debt split
What happened
- Cent raised $15 million in a mix of equity and debt.
- Blume Ventures and South Park Commons led the round.
- The money supports growth of medical imaging and diagnostic services.
- Valuation and the equity-debt split were not shared.
Why it matters
- Catching disease early can cut treatment cost and risk.
- Preventive health is a growing area for Indian startups.
- The raise comes soon after the last undisclosed round.
The business
- Cent runs preventive healthcare services.
- It offers medical imaging and diagnostics.
- The aim is to find serious illness before symptoms show.
- The company is based in Bengaluru.
The founders
SN
Shashank ND
Co-founder- Founder of Practo
Who put in money
- Blume Ventures Lead — Venture firm
- South Park Commons Lead, existing investor — Early-stage investor
- OneFlow Holdings Earlier backer — Founder's family office
Earlier rounds
- Earlier undisclosed round from South Park Commons and OneFlow Holdings about eight months ago
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at low extra cost. India's government also has a narrower legal definition that decides who gets scheme benefits.
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
- Series A: Series A is usually the first large round a startup raises from venture capital funds, after it has shown that people want what it sells.
- Valuation: A startup's valuation is the price investors agree the whole company is worth. For young companies it is set by negotiation and comparison, not by a formula.
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